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Apr 16, 2013
04/13
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WETA
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economy and the deepening crisis in europe. they cut china's growth to 8% from 8.2%. >> a slow down in gdp in china got the blame. but ford does not see it that way, they are protecting that 40% of the sale s will come fro china. they have doubled their capacity, scrambling to keep up with demand to keep up with the market. we have a closer look at ford's rapid expansion there and the challenges it faces. >> he is part of the new wave in china. car buyers turning the western part of the country into one of the hottest auto markets in the world. >> translator: in his mind, he feels that the car, the brand is good. and the service is also excellent. so this is why he trusts this brand. >> here, the gateway to western china, growth in auto sales is particularly good news for ford. at this plant, a new focus roles off the assembly line every minute and within two years ford will be doubling capacity in the area. >> this year, the total volume of the ford, were 600,000. so it's a big, big key. >> growing sales in china have been one
economy and the deepening crisis in europe. they cut china's growth to 8% from 8.2%. >> a slow down in gdp in china got the blame. but ford does not see it that way, they are protecting that 40% of the sale s will come fro china. they have doubled their capacity, scrambling to keep up with demand to keep up with the market. we have a closer look at ford's rapid expansion there and the challenges it faces. >> he is part of the new wave in china. car buyers turning the western part of...
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Apr 19, 2013
04/13
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KICU
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are there any signs out there that the economy is losing steam, especially with the stock market plunge that we have recently seen? - well, i think clearly there has been some disappointing economic data. maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several ye
are there any signs out there that the economy is losing steam, especially with the stock market plunge that we have recently seen? - well, i think clearly there has been some disappointing economic data. maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out...
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Apr 23, 2013
04/13
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FBC
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melissa: peter, would adding more people to the united states grow the economy? i mean, it's a very simple question, but people look at it different ways. some people say we have to add highly educated, high-skilled people. other people say, you know, it's a mathematical factor that if you administer people to the economy, they work more, they consume more, the economy by deaf fission grows -- definition grows. >> i don't think that's true. we do have some areas of shortages that we need to shore up with immigrants both at the top and bottom. they're very narrow. we probably import many more immigrants than we need to accomplish the slow level of growth that we are now accomplishing. if we were at 5% unemployment, if we were growing the way we did in the reagan days, you kn, then it wouldmake some sense to make that argument. but right now having folks come here to go to college to add to the army of liberal arts graduates that are unemployed -- which is becoming quite an army -- makes no sense at all. the country right now has more people than it has jobs for. m
melissa: peter, would adding more people to the united states grow the economy? i mean, it's a very simple question, but people look at it different ways. some people say we have to add highly educated, high-skilled people. other people say, you know, it's a mathematical factor that if you administer people to the economy, they work more, they consume more, the economy by deaf fission grows -- definition grows. >> i don't think that's true. we do have some areas of shortages that we need...
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Apr 16, 2013
04/13
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FBC
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i think the economy here is no great shakes. i think the market is moving on a sea of ben bernanke and $4 billion a day being printed. i think there will be repercussions down the road but right now the market is loving it and amazingly if you think about this the dow dow is up 7075 points since the tragic events that occurred yesterday. gerri: rc, why is it gold prices can plummet like a stone and i go to the jewelry stone and nothing is cheaper? why is that? >> you have bad luck. you're going to the wrong jewelry store. gerri: you know those prices are not going down. come on, you know they're not going down. >> hold on. this is actually a good point. there is two gold markets. there paper goldmark get and physical gold market. even though the paper gold market is falling off a cliff and it is and wed have more to go, the physical gold market has a different response. the demand for physical gold is going up. gerri: you can't tell by this chart, my friend. >> not going down what consumers are getting is right. the all this mon
i think the economy here is no great shakes. i think the market is moving on a sea of ben bernanke and $4 billion a day being printed. i think there will be repercussions down the road but right now the market is loving it and amazingly if you think about this the dow dow is up 7075 points since the tragic events that occurred yesterday. gerri: rc, why is it gold prices can plummet like a stone and i go to the jewelry stone and nothing is cheaper? why is that? >> you have bad luck. you're...
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Apr 24, 2013
04/13
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FBC
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need it right now, which is not what the economy needs, there are a couple of unintended consequences. this may cause retailer to raise prices to cover the infrastructure to pay for cost of producing and taking care of the tax bill. neil: that is hard to pass to consumers? >> it it could be, build line - bottom line, i it is a couple bucks here orhere it may cause them to go to one store or the other. then is this retailer. neil: -- j.c. penney, shares up 12% after former ceo ron johnson was ousted, the new boss is giving.c. penney a second chance. >> we've seen trends in retail, the last ceo leaving bucked the trend too much. consumers wanted sales and products, they were not getting it what this led to was a lack of buyer and brand confident, when consumers go to the store they want to know what they get, and what to expect, when they don't it caused them to worry about, perhaps that company no longer believes in same things i do. if the consumers feel that store hathere back that means increase sales and stock price. neil: you know not first time a unpopular ceo or embattled ceo ha
need it right now, which is not what the economy needs, there are a couple of unintended consequences. this may cause retailer to raise prices to cover the infrastructure to pay for cost of producing and taking care of the tax bill. neil: that is hard to pass to consumers? >> it it could be, build line - bottom line, i it is a couple bucks here orhere it may cause them to go to one store or the other. then is this retailer. neil: -- j.c. penney, shares up 12% after former ceo ron johnson...
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Apr 23, 2013
04/13
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FBC
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is a past to citizenship appropriate good bad for our economy? is in the national interest? is it good for american society? the real question becomes after tenures why do we have these answers? gerri: if you don't have the answers i don't know who would. >> thank you for that. what we tried to point* out is precisely that that so many of these issues how much benefit to be derived from immigration what will it really cost to follow a pathway to citizenship and the gang of 8 plan? we don't have those answers. what is funny and all of this today the media matters' left-wing activist group said that lou dobbs is anti-immigrant because he is asking questions. they'' to a fellow who was very nice and i am sure a good man out of ucla who just happens to be a chicano activist who opens all sorts of numbers we cannot rely on just as you cannot rely on the numbers from the federation for immigration reform. the government is in the one providing these answers. did not have the answers for their own committees, congress the senate or the president. gerri: will we get them? is there a
is a past to citizenship appropriate good bad for our economy? is in the national interest? is it good for american society? the real question becomes after tenures why do we have these answers? gerri: if you don't have the answers i don't know who would. >> thank you for that. what we tried to point* out is precisely that that so many of these issues how much benefit to be derived from immigration what will it really cost to follow a pathway to citizenship and the gang of 8 plan? we...
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Apr 18, 2013
04/13
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FBC
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that is not the case in a, when the economy is growing. then the debt does not have to increase. >> that's a really important point, melissa. and the truth is, arthur laffer and i and "the wall street journal" just about six months ago did a pretty extensive study that showed exactly the opposite. that in fact the countries that did the biggest fiscal stimulus in response to the great recession we lad in 2008 and 2009, that is the government's that spent and borrowed the most money had the weakest recoveries from. this kind of keynesian idea when you want to do when you get hit a financial crisis spend and borrow, we found the opposite was true. maybe you look at that one see if there any flaws in our study. because we found just the opposite. melissa: we have the to squeeze in a break. we appreciate both of you. i love these academic arguments because you're looking at at that rather than just having emotion what you feel would be right for the government to do, we're looking at real numbers and solve the problem. so i really appreciate b
that is not the case in a, when the economy is growing. then the debt does not have to increase. >> that's a really important point, melissa. and the truth is, arthur laffer and i and "the wall street journal" just about six months ago did a pretty extensive study that showed exactly the opposite. that in fact the countries that did the biggest fiscal stimulus in response to the great recession we lad in 2008 and 2009, that is the government's that spent and borrowed the most...
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Apr 17, 2013
04/13
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FBC
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as a global economy but a big energy report to heating oil prices of big loser reporting the lighter than expected demand for the distillates and that continues for out of five trading-- hitting the four month low crude prices falling as the u.s. output debts with the 20 year high. then that shows the commodity winners on the session and agriculture is very strong. a lot of this is seasonal demand the barbeque season begins also natural-gas is higher by about half a percent. cheryl: more breaking news to fox business that jones has downgraded the credit rating from the a-plus down to the a. the asian markets are closed but this could be a big meaningful to the down side for those german stocks. that begin jones has just downgraded germany. of course, bear the financial leaker -- peter with ngela marco and her come padres have been dictating to a the and that is not good news in we will be watching that. >> i view of a big story. >> eagan jones is not accrediting agencies. >> but it is germany. that is a big hit. who else is holding up europe? jones. if i am trading german stocks
as a global economy but a big energy report to heating oil prices of big loser reporting the lighter than expected demand for the distillates and that continues for out of five trading-- hitting the four month low crude prices falling as the u.s. output debts with the 20 year high. then that shows the commodity winners on the session and agriculture is very strong. a lot of this is seasonal demand the barbeque season begins also natural-gas is higher by about half a percent. cheryl: more...
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Apr 24, 2013
04/13
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FOXNEWSW
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it will impact jobs right when we're having a turnaround in the economy. this will have a -- we'll have a difficult time with this. it's ridiculous they can't find other ways to cut, to do the right thing torques make sure we -- to make sure we grow jobs. we're below the national average on unemployment. >> neil: are you hearing from the popular tour sites within your state, orlando, walt disney world or seaworld or universal or miami that its effected hotel bookings, resorts, has it gotten to that stage? >> we're in day four and people are frustrated with the delays. my concern is they'll decide not to -- to book a flight to florida. we have a million jobs in our state tied to tourism. we have a lot of business here too. i just want to keep our economy going. look, when i came into i officei reduced the budget. we did it with common sense solutions. we didn't take a meat cleaver to it or adversely impact jobs. we did the right thing and our economy is booming. >> neil: the sequestration cuts, both parties agree, weren't ideal. republicans are saying in re
it will impact jobs right when we're having a turnaround in the economy. this will have a -- we'll have a difficult time with this. it's ridiculous they can't find other ways to cut, to do the right thing torques make sure we -- to make sure we grow jobs. we're below the national average on unemployment. >> neil: are you hearing from the popular tour sites within your state, orlando, walt disney world or seaworld or universal or miami that its effected hotel bookings, resorts, has it...
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Apr 19, 2013
04/13
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KCSMMHZ
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the outbreaks and the kbakd on the chinese economy and preventing a pandemic. nhk world, beijing. >>> japan's finance minister and u.s. treasury secretary have met for the first time since they took office. aso sought u.s. understanding for japan's aggressive monotheir easing. they held talks on the sidelines of the g-20 meeting. they said that the monetary stimulus is aimed at guiding lower. they agreed on the importance of abiding by a g-20 agreement in february. they pledged not to manipulate their exchange rates. they also exchanged views on north korea's provocations. they agrees they should join hands in strengthenning international sanctions on the north. they confirmed cooperation on transactions with the foreign trade bank. >>> and japan has still not got approval from canada for partnership in the negotiations. there was support meetings with the senior officials. after the meetings, he told reporters that japan secured support from ten countries, but he addedhat the canadian officials needed more time to make a final decision. tpp is aimed at promoti
the outbreaks and the kbakd on the chinese economy and preventing a pandemic. nhk world, beijing. >>> japan's finance minister and u.s. treasury secretary have met for the first time since they took office. aso sought u.s. understanding for japan's aggressive monotheir easing. they held talks on the sidelines of the g-20 meeting. they said that the monetary stimulus is aimed at guiding lower. they agreed on the importance of abiding by a g-20 agreement in february. they pledged not to...
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Apr 17, 2013
04/13
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KCSM
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they're estimating the pace of growth for economies around the world. joining us now from the business desk. good morning. what do they see? >> good morning. the results overall point to slower growth. those in japan suggest things are picking up. the international monetary fund has upgraded japan's economic outlook the next two years on expectations the country's bold monetary easing policy and weaker yen will help boost its economy. imf officials released the world's latest economic outlook and slowly downgraded the world economic forecast. and predict it will grow 1.6% this year, up .4 of a percentage point and they doubled the growth forecast next year to 1.4%. they expect the bank of japan's aggressive monetary easing to boost the growth rate. >> japan is forge iing a path o its own. it may have been more likely to call this a 3 1/2 recovery rather than a speed recovery. >> although the yen value has declined significantly in the recent past, the monetary policy followed by the boj is appropriate but at the same time, imf officials urge japan to wo
they're estimating the pace of growth for economies around the world. joining us now from the business desk. good morning. what do they see? >> good morning. the results overall point to slower growth. those in japan suggest things are picking up. the international monetary fund has upgraded japan's economic outlook the next two years on expectations the country's bold monetary easing policy and weaker yen will help boost its economy. imf officials released the world's latest economic...
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Apr 20, 2013
04/13
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KCSM
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minimizing the outbreaks will have an impact on the chinese economy, and preventing a pandemic are the major problems facing the authorities. nhk world, beijing. >>> now the latest on the korean peninsula. a high-ranking chinese diplomat is preparing to leave for washington to discuss how to diffuse tensions with pyongyang. the negotiations have been stalled for more than four years. a chinese foreign ministry spokesperson said wu has been invited by his u.s. counterpart, special representative for north korea policy glen davies. the spokesperson said their discussions will focus on maintaining peace and stability on the korean peninsula and keeping it free of nuclear weapons. chinese diplomatic sources say wu is expected to stay in washington from sunday through wednesday. >>> so what do members of the obama administration hope the chinese will do? we asked the director of the brookings institution center for northeast asian policy studies, richard bush. >> china is sometimes able to use its influence to get north korea to the negotiating table. it is less able to use influence to sha
minimizing the outbreaks will have an impact on the chinese economy, and preventing a pandemic are the major problems facing the authorities. nhk world, beijing. >>> now the latest on the korean peninsula. a high-ranking chinese diplomat is preparing to leave for washington to discuss how to diffuse tensions with pyongyang. the negotiations have been stalled for more than four years. a chinese foreign ministry spokesperson said wu has been invited by his u.s. counterpart, special...
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a human rights a become the latest battleground for china to challenge america in addition to trade economy and regional military supremacy beijing has slammed washington's approach to people's freedoms and its own report released on the heels of an american one of the infringement of rights abroad and increased electronic surveillance and a spike in gun violence are just some of the issues china has criticized the u.s. for aussies election a chef ski has the latest. after years of swallowing accusations of violating human rights beijing is fighting back after last year the us published its scalding human rights practices report now china held a mirror back to washington and its role of international human rights judge. let's take a look at where the two clash the u.s. again accuse china of limiting internet freedoms the so-called great firewall of china where beijing has long being under scrutiny for blocking many western websites such as facebook google and you tube but those criticizing china are no saints the sounding people and cispa bills to control internet data have made waves acros
a human rights a become the latest battleground for china to challenge america in addition to trade economy and regional military supremacy beijing has slammed washington's approach to people's freedoms and its own report released on the heels of an american one of the infringement of rights abroad and increased electronic surveillance and a spike in gun violence are just some of the issues china has criticized the u.s. for aussies election a chef ski has the latest. after years of swallowing...
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Apr 17, 2013
04/13
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KCSMMHZ
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brazil, but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> all right. now let's take a look at the market figures. >>> when people read these day, they often turn to electron eck devices. one man in the state of wisconsin is encouraging readers to pick up paper books again. anyone can borrow a book for free provided that they leave one in return. the idea has taken off. nhk has his story. >> reporter: small is beautiful when it comes to reading in america these days. miniature bookshelves like these are popping up on roadsides or in coffee shops across the united states. called little free libraries. they're changing the reading habits of local communities. the idea couldn't be simpler. you grab as many books as you like. and you don't have to bring them back. but you do have to row place them. the rule is, take a book, leave a book. that means the narrow shelves are always full and the stock is always changing. it was todd bowl who came up with the idea for the little free library. >> the first library i built in 2009. and th
brazil, but that's unlikely to discourage japanese companies from investing in this rapidly expanding economy. nhk world. >>> all right. now let's take a look at the market figures. >>> when people read these day, they often turn to electron eck devices. one man in the state of wisconsin is encouraging readers to pick up paper books again. anyone can borrow a book for free provided that they leave one in return. the idea has taken off. nhk has his story. >> reporter:...
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Apr 23, 2013
04/13
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FBC
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it's a fox business exclusive and a good read on the economy. that's next. as the an anticipation for apple earnings reports mount, we'll look at the best selling mobile phones, not just now, but of all time. phones that you may be surprised to see that app iphone is not in the top three. stay tuned. ♪ ♪ @ why are 8 million people why are 8 million people sleeping better tonight? they went to a sleep number store. the only place in the world you'll find the sleep number bed. a bed with dual air technology that allows you to adjust to the support your body needs. each of your bodies. the only place you'll find our bed-clinically proven to help each of you slee more soundly. and the only place you'll find sleep professionals that will help you find a number that will change your life. your sleep number setting. you won't find any of these innovations in an ordinary mattress store. you'll only find sleep number at one of our over 400 stores nationwide. and now you can save $400 on the only memory foam bed with sleep number technology that adjusts to ea
it's a fox business exclusive and a good read on the economy. that's next. as the an anticipation for apple earnings reports mount, we'll look at the best selling mobile phones, not just now, but of all time. phones that you may be surprised to see that app iphone is not in the top three. stay tuned. ♪ ♪ @ why are 8 million people why are 8 million people sleeping better tonight? they went to a sleep number store. the only place in the world you'll find the sleep number bed. a bed with...
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Apr 22, 2013
04/13
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KICU
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mcdonald's blames the economy and increased competition for the slump. it hopes dollar menu items will bring customers back in the spring. kimberly clark's first quarter profits were up 13% on strong sales in brands kleenex and cottonelle. also, emerging markets are bringing demand for diapers and household goods. still to come, why so many americans are scared of the stock market. that's later on. but first, on this earth day, how some of america's largest corporations are getting into nature. bill moller has that after the break. th a deadly disease. i was one of them. i'm a nurse and i knew how damaging the disease was to my life. nothing i tried seemed to work. my brother died. from complications of the exact same preventable disease and i knew i had to do something to get healthy. my disease was obesity and after consulting with my doctor, i received the effective treatment i needed. obesity is a second leading cause of preventable death in the united states. but it's a treatable disease, and there's effective treatment options available. now is tim
mcdonald's blames the economy and increased competition for the slump. it hopes dollar menu items will bring customers back in the spring. kimberly clark's first quarter profits were up 13% on strong sales in brands kleenex and cottonelle. also, emerging markets are bringing demand for diapers and household goods. still to come, why so many americans are scared of the stock market. that's later on. but first, on this earth day, how some of america's largest corporations are getting into nature....
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Apr 18, 2013
04/13
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KNTV
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. >>> there is no question about it that it is a linchpin of the bay area economy but apple has been struggling. the stock price tumbling leading people to wonder about the future of apple. >> let's bring in scott budman. is it speculation or tangible? >> lots of selling in apple stock lately. for the last several months the overall market has been rising. for today the stock falling 5.5% dipping below $400 oa share. in september apple traded above $700 a share. even as demand stays strong for the products there is concern about if in the overall economy's future. apple stores are still full of shoppers but some apple investors have an empty feeling these days. shares of the company are now down to levels not seen since 2011. is it time to panic? >> in my 30 years the warning that apple days are over and numbered have come up four or five times and apple has always rebounded. >> apple shares have soared and sunk along with the overall market even shaping things up for bay area gold buyers and sellers. he saw his shiny investments tumble hundreds of dollars in a week. >> we are going
. >>> there is no question about it that it is a linchpin of the bay area economy but apple has been struggling. the stock price tumbling leading people to wonder about the future of apple. >> let's bring in scott budman. is it speculation or tangible? >> lots of selling in apple stock lately. for the last several months the overall market has been rising. for today the stock falling 5.5% dipping below $400 oa share. in september apple traded above $700 a share. even as...
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Apr 23, 2013
04/13
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FOXNEWSW
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but everything in this bill moves in the right direction for security and the american economy, and all the kind of questions you ought to have. shame on the people who tried to use the murders in boston to undermine immigration reform. i don't think they'll be able to do it. >> neil: all right. thank you very much. good seeing you again, grover norquist. in the wake of the terror attacks on the u.s., ron paul is saying be careful about opening up the government spigots to spend on security. it's not as if we don't have enough money going to security. he says it's probably a better case of not going to the right place. ron rand paul, my special guest tonight. see you then. . [ male announcer ] extreme power. ultimate savings. get both now at your polaris dealer during the xp sales event. rebates up to $1,000 and financing as low as 2.99% on the world's best powersports li-up. incredible deals on hard-working rangers, smooth-riding sportsmen, and razor-sharp rzrs. hurry to your local polaris dealer for rebates up to $1,000 and financing as low as 2.99% during the polaris xp sales event.
but everything in this bill moves in the right direction for security and the american economy, and all the kind of questions you ought to have. shame on the people who tried to use the murders in boston to undermine immigration reform. i don't think they'll be able to do it. >> neil: all right. thank you very much. good seeing you again, grover norquist. in the wake of the terror attacks on the u.s., ron paul is saying be careful about opening up the government spigots to spend on...
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Apr 23, 2013
04/13
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CSPAN2
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based companies be able to compete and find high-skilled workers to grow the economy? will american workers truly come first? will we incentivize people to come here and overstaying their visas? these are questions i have. put in regard to border security, security is what is the basis of the sovereignty of any nation. we have independent authority over our -- we must have independent authority over our borders. thank you, mr. chairman. >> thank you very much. we'll hear first from our arturo rodriguez. served as the president of the united farmworkers since 1993. he spent much of his life working to establish fair working conditions for work north america the western united states. no stranger to this committee, and of course, senator feinstein has worked hard on the agricultural matters has met and talked to you a great deal, and please, mr. rodriguez, go ahead. >> mr. chairman, i ask the senator cornyn we given five minutes bass he wasn't here friday and he is the ranking republican on the subcommittee. >> could i ask it be taken -- secretary napolitano was schedule
based companies be able to compete and find high-skilled workers to grow the economy? will american workers truly come first? will we incentivize people to come here and overstaying their visas? these are questions i have. put in regard to border security, security is what is the basis of the sovereignty of any nation. we have independent authority over our -- we must have independent authority over our borders. thank you, mr. chairman. >> thank you very much. we'll hear first from our...
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Apr 23, 2013
04/13
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FBC
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. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, for most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there is still a foreclosure crisis going on, unemployment is still high we have not by any stretch of the imagination seeing what seem people call a recovery. neil: we're well off the matt from lows. any trend or any improving trend looks good. when it is disrupted we feel bad. >> no, but i think that al's comment, never as good as they say it is but never as bad, whole market has been en few fuego, have a tried to get a motorrage lately. -- mortgage lately. i tell you, they are not lending credit, and demand is not there for creditworthy borrows either, because people are not making more money, and businesses are not hiring. neil: tomorrow, you are jumping gun we talking about proctologists who offer mortgages. >> i knew it. neil: bmw is expecting
. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, for most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there is still a foreclosure crisis going on, unemployment is still high we have not by any stretch of the imagination seeing what seem people call a recovery. neil: we're well off the matt from...
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around there's no logic in it it's just complete lunacy germany's pulling out the stops to keep its economy growing with people sensitive to anything is seen as a financial drag on the state like immigration which is not a twenty year high newcomer as a playing to the industrial powerhouse in search of jobs and wealth that not only from out front in the but within it has a well known of of course now from. those coming to germany in search of a new life might find one of their biggest challenges in the shape of the german people a bertelsmann foundation poll shows two surge of people here a few new comers as a burden on society one of those is called schmidt he says he knows families who come from outside of the e.u. as many as five children who live in the state presently. the main performance which you have to bring to stay in germany you have to make children if you have no drop in germany and normal social flat hundred square meters in five children you get another three thousand euros that month social eight call runs a motor scooter hire company in berlin and claims to represent many
around there's no logic in it it's just complete lunacy germany's pulling out the stops to keep its economy growing with people sensitive to anything is seen as a financial drag on the state like immigration which is not a twenty year high newcomer as a playing to the industrial powerhouse in search of jobs and wealth that not only from out front in the but within it has a well known of of course now from. those coming to germany in search of a new life might find one of their biggest...
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Apr 23, 2013
04/13
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french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and manufacturing came in 46.5. the services figure was 46.6. but, again, it's some of the weakness in the core economy of germany that's catching the market's attention this morning. the euro weaker, the xetra dax off by about 0.2%. we're going to get some uk data out at 9:30. also coming up on the show, the how companies are battling to take a foothold in the alternative energy market in china. then at 11:10, we'll be joined by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst invest
french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and...
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Apr 22, 2013
04/13
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if you look close to these areas, it has good economy. however, many middle income citizens will not want to live there because it doesn't have the schools and the health care system to support it compared to shanghai. but after these temporary controls, i don't think the prices will continue to rise that fast. while the economy is growing about 7%, income rates are only at double digits. the problem is that china is very big and there are many second and third-tier cities where prices aren't rising as fast as shanghai and beijing. my concern is that price increaseses in those two cities can't be control, it will result in other price increases, as well, and that won't be a good thing. >> because of the increase in prices in china, we start to see a lot of developers move over to the united states. do you see that increasing in response? what are the opportunities right now? what's your view of that market? >> there are several reasons behind vanke's decision to invest in the u.s. firstly, globalization. while china is growing fast, the d
if you look close to these areas, it has good economy. however, many middle income citizens will not want to live there because it doesn't have the schools and the health care system to support it compared to shanghai. but after these temporary controls, i don't think the prices will continue to rise that fast. while the economy is growing about 7%, income rates are only at double digits. the problem is that china is very big and there are many second and third-tier cities where prices aren't...
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Apr 17, 2013
04/13
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in economics, and the way copper goes is the way the global economy goes. copper's purely an indication of oversupply in the channel. that's true of iron ore, true of the other metals, as well as china slowing. so obviously, when any company slows, when any commodity slows, you've got to look at supply/demands. >> -- perfect indicator. >> it's only one. >> yeah, but copper used to be in tight demand until recently. >> but don't -- every commodity. look at the -- >> i'm not -- i've been negative. i've been short with metals. short iron ore -- >> right. the point is that goes right to the fundamental question of this market, is that is it oversupply? the commodity route we've seen, is it oversupply? if it is, that's great for the -- >> dr. j, any insights for options, what's going on? >> i think he mailed it in terms of the markets. when you have margin calls being made, and clearly they were being made, and people being in forced liquidation mode, just as jim cramer says, when that happens, they're not asking questions. they're telling you what you're going
in economics, and the way copper goes is the way the global economy goes. copper's purely an indication of oversupply in the channel. that's true of iron ore, true of the other metals, as well as china slowing. so obviously, when any company slows, when any commodity slows, you've got to look at supply/demands. >> -- perfect indicator. >> it's only one. >> yeah, but copper used to be in tight demand until recently. >> but don't -- every commodity. look at the -- >>...
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Apr 24, 2013
04/13
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that's why we had so many problems with the economy. before we had open markets and entrepreneurship and that's what helped china succeed. we have to go back to market forces as well as fight corruption. >> and tomorrow ross will sit down exclusively a chairman who is called warren buffett of china and ross will be back here to tell you about it himself. >>> you can find why investors are helping to surge peugeot sales. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. you don't really have to give up living,
that's why we had so many problems with the economy. before we had open markets and entrepreneurship and that's what helped china succeed. we have to go back to market forces as well as fight corruption. >> and tomorrow ross will sit down exclusively a chairman who is called warren buffett of china and ross will be back here to tell you about it himself. >>> you can find why investors are helping to surge peugeot sales. [singing] hoveround takes me where i wanna go... where will...
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Apr 18, 2013
04/13
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they want more from the fed, because the economy is weakening, or they want the economy to rebound and nothing's happening and we jump around all over the place. >> warren, what do you think? you've been constructive on this market all through the first quarter. you felt like there was more to go here. but do you feel like the psychology is changing with the volatility that we've seen this week? >> i'll tell you, this week has been a little bit troubling, and i have been pretty bullish up until this point. when you tend to see days like this, where the day after day, up and down bid on the dow, 100-plus point move on any given day, that's a sign that this market is truly struggling. >> are you rethinking your bullish position, at least for the short-term? >> a little bit. i think the thing that's probably sways me the most is the economic data we've been seeing out of the united states in the last week to ten days in particular, maybe the last couple of weeks has been a little bit weaker than the trend going into that. and that's a little troubling to me. >> all that nervousness in the
they want more from the fed, because the economy is weakening, or they want the economy to rebound and nothing's happening and we jump around all over the place. >> warren, what do you think? you've been constructive on this market all through the first quarter. you felt like there was more to go here. but do you feel like the psychology is changing with the volatility that we've seen this week? >> i'll tell you, this week has been a little bit troubling, and i have been pretty...
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Apr 24, 2013
04/13
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FBC
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>> it justdoesn't make sense showing why the economy is struggling to get going because here's the regulatory bearier stping us from producing energy, jobs, economic activity, and national security with the own energy rather than from the weast. melissa: senator, what's the bottom line? do we see the pipeline, if you were a betting man, what do you say? >> appears the administration is trying to defeat it through delay, and we're going to have to get the push on to approve it congressional. that's what i'm working on doing. melissa: okay, senator, thank you. appreciate your time. >> thanks. melissa: time for today's fuel gauge report. more potentially good news for drivers, gags lean futures slid about 1.8% today, gas has fallen for 13 # of the past 18 sessions. it is down more than 12% just this month. natural gas is threatening a quarter of the world's oil demand. that is according to a new reportrom citi corp.. 20 million barrels of crude per day could be replaced by cheaper, natural gas coming through the trucking and railway industries. iran and north korea reportedly reached a deal to b
>> it justdoesn't make sense showing why the economy is struggling to get going because here's the regulatory bearier stping us from producing energy, jobs, economic activity, and national security with the own energy rather than from the weast. melissa: senator, what's the bottom line? do we see the pipeline, if you were a betting man, what do you say? >> appears the administration is trying to defeat it through delay, and we're going to have to get the push on to approve it...
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are up there is no logic in it it's just complete lunacy germany's pulling out the stops to keep its economy growing with people sensitive to anything seen as a financial planning on the state like immigration which is not a twenty year high you come as a failing to the industrial powerhouse in search of jobs and wealth and not only from outside but within it as well one of the reports now from berlin those coming to germany in search of a new life might find one of their biggest challenges in the shape of the german people a bertelsmann foundation poll shows two thirds of people here a few new comers as a burden on society one of those is called schmidt he says he knows families who come from outside of the e.u. as many as five children who live on the state presently. the main performance which you have to bring to stay in germany you have to make children if you have no drop in germany and normal social. if hundred square meters if i have children you get another three thousand euros a month social eight call runs a motor scooter hire company in berlin and claims to represent many set at
are up there is no logic in it it's just complete lunacy germany's pulling out the stops to keep its economy growing with people sensitive to anything seen as a financial planning on the state like immigration which is not a twenty year high you come as a failing to the industrial powerhouse in search of jobs and wealth and not only from outside but within it as well one of the reports now from berlin those coming to germany in search of a new life might find one of their biggest challenges in...
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rehabilitators economy properly in trade to get investments and so forth now the american the blocking that and that basically is why there is a food problem in north korea and why they they are separate but i don't think we need to confuse the two. the the nuclear the nuclear demand is there and in a sense it's for the for the koreans that it is the solution to the to the food problem and the other interesting thing i think about nuclear weapons is that and you know despite the expense many ways they offer a cheap form of defense compared with conventional g. forces now north korea hasn't got the in the economic wherewithal to come anywhere near the americans in terms of you know conventional arms and so nuclear weapons and they don't really need very much then you need them to be effective all they need is to have been there to do you agree that the americans think that they could retaliate if if if so clapped so it's quite close first on the korean point of view and that would go up to three of us south korea and japan is activity like warships and just interceptor missiles are all
rehabilitators economy properly in trade to get investments and so forth now the american the blocking that and that basically is why there is a food problem in north korea and why they they are separate but i don't think we need to confuse the two. the the nuclear the nuclear demand is there and in a sense it's for the for the koreans that it is the solution to the to the food problem and the other interesting thing i think about nuclear weapons is that and you know despite the expense many...
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Apr 22, 2013
04/13
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is it the slowdown in the global economy? >> yeah. that's why you want to watch these multi industry companies. it's nerdy to talk about ingersoll rand. but they make the stuff out there behind the walls. they make all the things that keep these buildings going and systems operating. when they talk about things slowing, we don't know if they're going to, but we've heard about slowdowns globally. that's where you're going to see it first. >> ingersoll rand is also going to sidestep on the housing recovery. that could be a positive. >> a little bit. you're going to tear them talking about where things are overseas. what's good about these companies, a lot of earnings are overseas. >> global story then the consumer. coach out tomorrow. >> north america's the key. >> coach had an issue last quarter. >> the problem is north america. i think their sales growth was something on the order of 1% for them. that's going to be a problem. they also got a lot of -- of course, they're in the accessories business. there's a lot of competition there.
is it the slowdown in the global economy? >> yeah. that's why you want to watch these multi industry companies. it's nerdy to talk about ingersoll rand. but they make the stuff out there behind the walls. they make all the things that keep these buildings going and systems operating. when they talk about things slowing, we don't know if they're going to, but we've heard about slowdowns globally. that's where you're going to see it first. >> ingersoll rand is also going to sidestep...
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Apr 22, 2013
04/13
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part of our economy. what i think we have done in this bill we try to strike a balance, senator rubio and feinstein, in my view, have done a good job, to be placed the illegal workforce with a legal workforce good one last thought -- just indulge me for a second. ensh ciz has to three triggers. there has to be a border security strategy created by homeland security before the pathway to citizenship can be fully implemented. you have to have you verify up and running. and you have to have enter and exit control visas before people can transition from temporary legal status to get a green card. i think those three triggers make sense. if this committee can make those triggers more effect if, if senator cornyn can help us on the exit visa system, count me in. securean find ways to the border better, count me in. at the end of the day, i want to make sure we not have a third wave. and getting the agriculture part right, 60%-70% workers in agriculture illegal, seems to be a good place to start. i would like to
part of our economy. what i think we have done in this bill we try to strike a balance, senator rubio and feinstein, in my view, have done a good job, to be placed the illegal workforce with a legal workforce good one last thought -- just indulge me for a second. ensh ciz has to three triggers. there has to be a border security strategy created by homeland security before the pathway to citizenship can be fully implemented. you have to have you verify up and running. and you have to have enter...
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Apr 17, 2013
04/13
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economy but the global economy. what does, passenger traffic which i know has been on an upswing, what does it say to you about how our economies are recovering here? >> well, what we, i no longer have quite as close a front row seat as i used to have, but what the most relevant data i think we've seen in recent weeks is some weakness in what are called average prices which would suggest demand is not as robust all of us who are hoping an economic recovery would like. so i don't think it is sending any particularly clear message but i think that the diminution or weakening of yield is, if anything a negative sign relative to the economy. david: bob crandall who is a snowbird by the way. just found that out. speaking to us from down in florida. by the way when do you go back to gloucester, bob? >> may 1st every year and back to florida in october. david: you missed a long, cold winter. i don't blame you a bit. thank you for coming in, bob. appreciate it. lori: more trouble may be heading apple's way. we have the anal
economy but the global economy. what does, passenger traffic which i know has been on an upswing, what does it say to you about how our economies are recovering here? >> well, what we, i no longer have quite as close a front row seat as i used to have, but what the most relevant data i think we've seen in recent weeks is some weakness in what are called average prices which would suggest demand is not as robust all of us who are hoping an economic recovery would like. so i don't think it...